Commonwealth Numbered Acts

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12DD

Cash price to be stated in certain circumstances

(1) A corporation must not, in trade or commerce, in connection with:

(a)
the supply or possible supply of financial services; or

(b)
the promotion by any means of the supply or use of financial services;

make a representation about an amount that, if paid, would constitute a part of the consideration for the supply of the services unless the corporation also specifies the cash price for the services.

(2) This section does not apply to dealings in securities.



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